It's being referred to as a "golden cheesegrater" in various circles. The public seems to hate it. Still, at 800 grams, this is the lightest Olympic torch yet. And that's important, because a lot of people are going to carry the thing a long way.

Reuters says the design ties in London's Olympic history:

Ignoring the unwelcome comparisons, the designers said its triangular shape symbolises the three times that London has staged the Games in 1908, 1948 and 2012, the faster, higher stronger motto of the Olympic movement and the sport, education and culture triple vision of the 2012 Games.

Designed in London and manufacured in Coventry, the torch is 800mm high and has 8000 holes, representative of the 8000 mile journey and the 8000 people who will carry it throughout the UK.

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According to the UK Independent, original designs for the aluminum torch included an eco-friendly flame with low-carbon emissions, but the designers weren't able to find a suitable propellant for the flame in time. Instead, it will burn a more traditional gas concoction. The journey will begin next may in Ancient Olympia and end July 27 at London's Olympic Stadium. [Reuters and UK Independent via Born Rich]